Li'ang Robotics, a Chinese startup specializing in navigation control and embodied AI, has completed a strategic funding round worth tens of millions of yuan, with investment from Laifude.
Unitree Technology's shares have nearly halved within 13 trading days of its IPO, prompting fund managers to reassess valuation logic for the robotics sector. The listing was expected to provide a public pricing benchmark for the emerging industry.
The Hang Seng Tech Index extended its intraday gains to 3%, with AI firm MiniMax and autonomous driving chip maker Horizon Robotics both rallying over 7%.
Medtronic announced a $700 million investment in Cornerstone Robotics and gained distribution rights for its Sentire surgical system in key markets outside the U.S. The partnership aims to expand access to robotic-assisted surgery by offering two complementary platforms, Hugo and Sentire, addressing varying surgeon preferences.
Shandong Youbaote Robotics has completed a nine-figure yuan Series A+ round led by Dongzheng Capital, with participation from industrial and venture investors. The funding will support scaled production and further development in mining applications.
Li'ang Robot, a Shenzhen-based embodied intelligence startup, has completed a strategic financing round of tens of millions of yuan from investor Laifude Technology. The funds will support R&D in navigation controllers, lightweight AMRs, and embodied composite robots.
Shares of bearing maker Guangyang surged over 20% in two days on robot concept speculation. The firm issued a statement clarifying that its robot business is still negligible, while confirming no major undisclosed information exists.
Xpeng Robotics completed a $900 million Series A funding round, valuing the unit at over $6.3 billion, with backing from IDG Capital and strategic investors Tencent and Alibaba.
LEON ROBOT, a Shenzhen-based robotics firm, has completed a strategic financing round of several million yuan, backed by Shenzhen Leford Technology. The funding will accelerate product development and market expansion.
Chinese robotics company Youbot has raised hundreds of millions of yuan in a Series A+ round led by Dongzheng Capital. The funds will be used to develop new joint modules and humanoid robots.